Publication

This paper discusses the dangers of "anticompetitive market distortions" (ACMDs) to the global economy. It specifically argues that the growing use of ACMDs in China and other advanced developing countries represents a serious economic problem that costs consumers trillions of dollars worldwide. As a result, the United States and other countries should initiate a fresh round of international negotiations between exporters and those who represent domestic consumers and competing companies. Such negotiations should then attempt to maximize consumer welfare, to include delivering more and better goods and services at lower prices.